December 11, 2020
American consumers were feeling more confident in the weeks following Thanksgiving, despite increasing coronavirus cases. The University of Michigan’s index of consumer sentiment climbed to 81.4 in the two week… Read more
December 8, 2020
Amid surging coronavirus cases and warnings from health officials, many Americans stayed home for Thanksgiving. This caution sent holiday week gasoline sales to the lowest level since 1997. Gasoline sales… Read more
December 7, 2020
This time last year, few would have thought that Chinese exports to the U.S. would reach new heights. The coronavirus upended expectations, however, and as the pandemic drags on, China… Read more
December 2, 2020
Most financial planners agree that, if possible, most people should wait to start taking Social Security benefits. You are eligible to begin receiving benefits at 62, but you will receive… Read more
December 1, 2020
Despite warnings from health officials, U.S. air travel during the Thanksgiving holiday rose to the highest level since the start of the pandemic. According to the Transportation Security Administration, 1.2… Read more
November 30, 2020
There has been some concern over how narrowly concentrated the post-pandemic stock market recovery has been. The biggest gains have largely been concentrated to specific dominant companies, like Amazon and… Read more
January 29, 2020
The recent coronavirus outbreak has already enacted a human cost. At the time of writing, there have been nearly 4,700 confirmed cases, resulting in more than 100 deaths. Both numbers… Read more
April 28, 2019
At a recent speaking event, former Federal Reserve Chairman Janet Yellen sounded the alarm about corporate debt. In the event of an economic downturn, she warned that the current levels… Read more
May 13, 2021
Home prices have been climbing at their fastest rate since the 2008 crash. Record-low inventory and massive demand have led to bidding wars fierce competition between potential buyers. Still, the… Read more
May 10, 2021
Over the last year, the price of lumber has exploded. The price for 1000 board feet (bd ft), the standard unit to track prices in the industry, has climbed 377%… Read more
May 6, 2021
Saving for retirement is very personalized. How much you will need depends on a variety of factors like your income, investments, and desired lifestyle in retirement. However, it is only… Read more
May 5, 2021
Last year saw 493 newly minted billionaires, bringing the total number to 2,755. Nearly a quarter of them live in just 10 cities, and, for the first time in seven… Read more
April 30, 2021
The U.S. economy grew by 6.4% in the first quarter of 2021, bringing the economy nearly back to its pre-pandemic size. Aside from the third-quarter surge after the initial reopening… Read more
April 28, 2021
Consumer confidence saw a big jump in April, marking the fourth straight month of gains as vaccine distribution accelerates, business restrictions lift, and stimulus payments hit consumers’ bank accounts. The… Read more
April 27, 2021
The median price for an existing home saw a record-breaking annual price in March, jumping 18.4% to $334,500. The surge in prices is being driven by record-low inventory and ultra-low… Read more
April 26, 2021
As pent-up consumers demand drives economic growth in the coming months, employers may have trouble hiring enough workers to keep up. The Wall Street Journal is reporting that economists expect… Read more
“Modern finance is based on scientific reasoning guided by theory, not subjectivity and speculation.”
John “Mac” McQuown
Patience mitigates risk.
When it comes to investment products, complexity often fosters fraud and abuse.
Portfolio diversification enables investors to manage their fear of the unknown.
Rebalancing is like love, you never have to say you are sorry. You are always selling high and buying low.
A good investment policy should never risk what you already have for something you don’t need.